Runway to Hope Inc

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2010

Legal Domicile

Principal Officer

LAURA LOCKNER

Phone

4078021544

Tax Period

2023-01-01 to 2023-12-31

Runway to Hope Inc, founded in 2010, is a community nonprofit in the Medical Research sector that reported $1.2M in total revenue in fiscal year 2023. Revenue surged 26% from the prior year, signaling strong growth momentum. Expenses of $1.1M left a modest 5% surplus.

Mission

RUNWAY TO HOPE'S MISSION IS TO SUPPORT FAMILIES, PRIMARILY IN CENTRAL FLORIDA, FIGHTING PEDIATRIC CANCER WHILE SEEKING A CURE.

Program Service Accomplishments

Program 1

Expenses: $539,732 Revenue: $61,922

RUNWAY TO HOPE FAMILY ASSISTANCE PROGRAM - FUNDS ARE USED TO OFFER DIRECT FINANCIAL SUPPORT TO CENTRAL FLORIDA CHILDREN AND THEIR FAMILIES BATTLING PEDIATRIC CANCER BY PAYING FOR NECESSITIES SUCH AS MORTGAGE/RENT, CAR PAYMENT/REPAIRS, UTILITIES, FOOD, GAS, AND AT TIMES, END OF LIFE EXPENSES. DIRECT FINANCIAL ASSISTANCE AIDS IN ALLEVIATING THE STRESS ON THE CHILD'S PARENT(S) DURING THE COURSE OF TREATMENT SO THEY CAN FOCUS ON THE MOST IMPORTANT THING, THEIR CHILD'S LIFE.

Program 2

Expenses: $175,000

Runway to Hope supports research and multidisciplinary treatment options at our three local Central Florida children's hospitals: AdventHealth for Children, Arnold Palmer Children's Hospital, and...

Runway to Hope supports research and multidisciplinary treatment options at our three local Central Florida children's hospitals: AdventHealth for Children, Arnold Palmer Children's Hospital, and Nemours Children's Health. With a focus on not duplicating services that already exist in our community, Runway to Hope's hospital funding is earmarked for specific pediatric oncology programs at each hospital in order to create lifesaving treatment options so families do not have to travel away from their home in order to save their child's life.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,103,796

Program Service Revenue $61,922

Investment Income $21,574

Other Revenue $0

TOTAL REVENUE $1,187,292

Expense Breakdown

Grants Paid $557,443

Salaries & Benefits $239,762

Fundraising Expenses $162,806

Program Expenses $714,732

Other Expenses $332,398

TOTAL EXPENSES $1,129,603

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,187,292	$939,192	+0.3%
Expenses	$1,129,603	$699,537	+0.6%
Net Income	$57,689	$239,655	-0.8%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

300

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$87,525

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LAURA LOCKNER	EXECUTIVE DIRECTOR	45.0	Officer	$87,525	$0	$87,525
Josie NeJame	BOARD CHAIR	5.0	Officer Director	$0	$0	$0
Rachael Coudriet	Vice chair (since 10/2023)	5.0	Officer Director	$0	$0	$0
Reshma Ohri	TREASURER	5.0	Officer Director	$0	$0	$0
Peggy Parish	SECRETARY	5.0	Officer Director	$0	$0	$0
Scott Friedman	director	5.0	Director	$0	$0	$0
Sarah Grafton	director	5.0	Director	$0	$0	$0
Dr Edward Guindi	director	5.0	Director	$0	$0	$0
john hill	director	5.0	Director	$0	$0	$0
brenda lounsberry	director	5.0	Director	$0	$0	$0
Mark NeJame	director	5.0	Director	$0	$0	$0
Justin Williams	director	5.0	Director	$0	$0	$0
Roel Yambao	director	5.0	Director	$0	$0	$0
Jennifer Bentson	director (SINCE 8/2023)	5.0	Director	$0	$0	$0
Jennifer Rice-Palmer	director (SINCE 8/2023)	5.0	Director	$0	$0	$0
Sanjay Srinivasan	director (SINCE 4/2023)	5.0	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$1,187,292	$1,129,603	$525,305	$57,689
2022	$939,192	$699,537	$525,315	$239,655
2021	$143,653	$266,144	$401,732	$-122,491
2020	$320,216	$475,001	$500,396	$-154,785
2019	$1,053,833	$1,150,713	$473,342	$-96,880
2018	$990,568	$1,139,629	$606,639	$-149,061